Ningbo Deye Technology Co (SHSE:605117) Days Sales Outstanding

: 41.80 (As of Sep. 2023)

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Ningbo Deye Technology Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥656 Mil. Ningbo Deye Technology Co's Revenue for the three months ended in Sep. 2023 was ¥1,432 Mil. Hence, Ningbo Deye Technology Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 41.80.

The historical rank and industry rank for Ningbo Deye Technology Co's Days Sales Outstanding or its related term are showing as below:

SHSE:605117' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.26 Med: 25.36 Max: 34.61
Current: 28.44

During the past 7 years, Ningbo Deye Technology Co's highest Days Sales Outstanding was 34.61. The lowest was 14.26. And the median was 25.36.

SHSE:605117's Days Sales Outstanding is ranked better than
83.81% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.075 vs SHSE:605117: 28.44

Ningbo Deye Technology Co's Days Sales Outstanding increased from Sep. 2022 (23.73) to Sep. 2023 (41.80).

Ningbo Deye Technology Co Days Sales Outstanding Historical Data

The historical data trend for Ningbo Deye Technology Co's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ningbo Deye Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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24.21

28.65

34.61

26.01

25.36

Ningbo Deye Technology Co Quarterly Data
	Dec16	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial														23.73	25.10	30.80	24.44	41.80

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Ningbo Deye Technology Co's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ningbo Deye Technology Co Days Sales Outstanding Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ningbo Deye Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ningbo Deye Technology Co's Days Sales Outstanding falls into.

Ningbo Deye Technology Co Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Ningbo Deye Technology Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (270.119	+	557.461)	/	2 )	/	5955.52	*	365
=	413.79					/	5955.52	*	365
=	25.36

Ningbo Deye Technology Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (655.149	+	657.167)	/	2 )	/	1432.286	*	365 / 4
=	656.158					/	1432.286	*	365 / 4
=	41.80

Ningbo Deye Technology Co (SHSE:605117) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Ningbo Deye Technology Co Days Sales Outstanding Related Terms

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Ningbo Deye Technology Co (SHSE:605117) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ningbo Deye Technology Co Ltd (SHSE:605117) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 26, Yongjiang South Road, Daqi, Beilun District, Zhejiang Province, Ningbo, CHN, 315806

Website

http://www.deye.com.cn

Ningbo Deye Technology Co Ltd is engaged in the production and sales of components such as evaporators, condensers, and frequency conversion control chips, as well as environmental electrical products such as dehumidifiers and air source heat pump heaters.

Ningbo Deye Technology Co (SHSE:605117) Headlines

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